Dendy Family Foundation

Analysis

Dendy Family Foundation is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dendy Family Foundation reported income of $57k and spending of $71k, spending 123% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $50k to $57k (+15%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dendy Family Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within TN. Charities of a similar size with the same main cause include Alvin Recreational League Inc ($57k), Biddeford Pool Community Club ($57k) and Silicon Valley Vaulting Club ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.